Englewood infill site commands nearly $13 per sf

Arapahoe County

Property Location: 3325 S. Santa Fe Dr., Englewood

Property Description: Vacant, older frame motel buildings on property plus 9-pad trailer park, surrounded by new apartments to the north, to be self-storage development.

Land Size: 1.51 acres

Sales Price: $850,000, or $12.92 per sf (land value)

Reception No.: D6056685

Closing Date: 6/1

Grantor: JEV LLC, John A. Veno

Grantee: Terrapin Englewood CO LLC, Anthony “Tony” Sherman, founder tony.sherman@terrapininvestments.com, 970-710-7932

Comments: APN: 1971-33-4-00-012, 013. Property was listed and sold by Tristan Sedbrook, 720-421-4971, of Fuller Real Estate. Rachel Vogel, 303-333-4673, of Twin Peaks Real Estate represented the buyer. Property is located near the northwest corner of W. Hampden Ave. & S. Santa Fe Drive and will be redeveloped into quality self-storage units that will cater to the newer apartments developed in the area.

Comp of the Day is provided by by John V. Winslow, president of WinComps LLC. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.